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Sole survivor? Saudi Aramco doubles down on oil to outlast rivals DUBAI/RIYADH (Reuters) - The slump in demand for crude during the coronavirus pandemic has forced oil companies to contemplate the possibility that the fossil fuel market has peaked and the time for a global energy transition has come. FILE PHOTO: ...
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Uber still sees micromobility and AVs in its future, and could push Prop 22 beyond California Uber made headlines earlier this year when it offloaded Jump, the shared bike and scooter unit that once appeared to be a critical piece of its transportation. Despite that move, Uber still sees micromobility as "really important" to the company, according to ...
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Eli Lilly rushes to FDA with its COVID-19 antibody for emergency green light, reveals new cocktail therapy data Eli Lilly is hustling to the FDA with its antibody therapy for a speedy emergency use authorization (EUA) as it also reveals new data for a combo therapy. Lilly said that it has now submitted an initial request for EUA for LY-CoV555 on its own, specifically in ...
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Global Outlook Brightens as US Consumer Imports Reach Pre-Pandemic Levels The outlook for the global economy has improved amid evidence that trade picked up faster than expected from coronavirus-triggered disruptions, with U.S. imports of consumer goods reaching pre-pandemic levels at the end of the summer. International ...
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European antitrust regulators settle with Broadcom a year after 'interim measures' flex A European antitrust probe of chipmaker Broadcom has been settled at an impressive clip, a little over a year after formally kicking off. The Commission announced today it has accepted commitments from the U.S. chipmaker to suspend all existing ...
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Envisics nabs $50M for its in-car holographic display tech at a $250M+ valuation The jury is still out on what might become the most viable business models for augmented reality technology, but in the meantime a startup out of the UK is betting one big area will be in vehicles, in the form of holographic displays. And today it is announcing a ...
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'Supersonic travel is here': Boom rolls out XB-1 demonstrator aircraft (CNN) — There's been very little good news to report in the aviation industry over the past few months, with airplanes grounded or pushed into early retirement. However, Boom Supersonic is going all out to show that there will be light at the end of the tunnel ...
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When cruising comes back, will the buffet return with it? Here's what the cruise lines say As the cruise industry's Nov. 1 restart date approaches, companies have implemented new health protocols and submitted them to the U.S. Centers for Disease Control and Prevention, slowly painting a picture as to what cruising might look like when it returns ...
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Oil prices fall on signs of rising US crude inventories, fiscal stimulus uncertainty Oil futures slipped Wednesday, undercut by industry data showing a rise in U.S. crude-oil inventories and a muddled outlook for another round of government spending by Congress in response to the COVID-19 pandemic after President Donald Trump late ...
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Roche targets cystic fibrosis with deal for TMEM16A potentiator Roche has bought a phase 1 pan-genotype cystic fibrosis program from Enterprise Therapeutics. The deal, which is worth £75 million ($97 million) upfront to Enterprise's shareholders, gives Roche a TMEM16A potentiator designed to restore lung function in ...
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Joe Biden defines income of $400000 as 'wealthy,' but here's why it's barely scraping by for some Apparently, for some earning $400,000 a year, the struggle is real. Joe Biden defines that threshold as "wealthy," and, according to CNBC, those making that much money represent the top 1.8% of taxpayers, but the reality on the ground in pricy big cities tells ...
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Amazon: Jeff Bezos pressed over union 'spying' by MEPs European parliamentarians have written to Amazon founder Jeff Bezos asking whether the firm is spying on union activists and politicians. The letter was sparked by two job posts looking to recruit intelligence analysts whose duties would include reporting on ...
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Beyond Meat stock could rally 32% to break to all-time highs, MKM Partners says Trend-setting teens are backing Beyond Meat. Piper Sandler analysts raised their price target on the plant-based meat company's stock on Tuesday after its research suggested increasing adoption among that demographic. Piper Sandler's $178 target is still ...
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Donate blood to Red Cross, get a $5 Amazon gift card MILWAUKEE - During Breast Cancer Awareness Month this October, the American Red Cross urges eligible donors to band together to provide hope and healing to patients fighting cancer by giving blood or platelets. In appreciation, those who give from Oct.
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Wells Fargo Cuts More Than 700 Jobs in Commercial Banking Wells Fargo & Co. cut more than 700 commercial-banking jobs as it embarks on workforce reductions that could ultimately number in the tens of thousands, according to people with knowledge of the matter. Support our journalism. Subscribe today.
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Minority tech startups in the US have seen almost no progress in VC funding Black and Latinx tech startup founders have made almost no progress in securing venture capital (VC) funding over the past seven years in the US, a Crunchbase study released today found. During that period, startups helmed by Black and Latinx founders ...
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Lowell named a top 'affordable suburbs with a city feel' by Zillow and Yelp With spending more time at home in recent months, many in the nation's largest cities are looking for more space - both indoors and out. While looking for a mix of more space and affordability, many aren't ready to give up the city feel, data from Zillow and ...
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Credit Suisse Apologizes for Black Janitor Act at Chairman Party Credit Suisse Group AG apologized for "any offense" caused by a performer who dressed as a janitor at a party for the bank's chairman last year, causing former Chief Executive Officer Tidjane Thiam to leave the room. The New York Times on Saturday ...
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Truecaller tops 250 million users Popular caller-identification service Truecaller has amassed 250 million monthly active users and 200 million daily active users, demonstrating an accelerated pace of growth in recent quarters even as a global pandemic has hurt most businesses, it said on ...
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Ruby Tuesday files for bankruptcy, after closing dozens of locations in 2020 After closing dozens of restaurants in 2020, casual dining chain Ruby Tuesday has filed for bankruptcy. Business Insider previously reported that the chain stopped paying pensions for at least 112 retirees on July 21, months before declaring insolvency on ...
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Does Cisco need RuPaul? Because all this video-chat competition is a real drag Welcome back to Tech Chronicle. If you already subscribe to this fine newsletter, then chantay, you stay. Everybody say collaboration. It was sometime in the spring of 2000, I was in my office in downtown San Francisco at a new tech magazine. The mail came ...
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Lamb Weston earnings dip during pandemic Lamb Weston Holdings Inc. Wednesday posted a smaller profit in the latest quarter compared with last year as sales to restaurants remained challenged by reduced demand during the Covid-19 pandemic. The Eagle, Idaho-based potato-products company ...
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Abu Dhabi Investment Authority to Pick 1.2% Stake in Reliance Retail for INR 5512 Cr Investment Abu Dhabi Investment Authority (ADIA) has announced an investment of INR 5,512. 5 crore in Reliance Industries Limited's (RIL's) retail arm Reliance Retail Ventures Limited (RRVL) in return of 1.20 per cent equity stake. This deal marks ADIA's second ...
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Standard & Poor's downgrades KCI terminal debt, has concerns about travel industry Standard & Poor's, one of the major rating agencies that assigns scores for public bonds, has downgraded its rating for debt issued at Kansas City International Airport as it builds a new terminal. On Sept. 30, Standard & Poor's lowered the rating for KCI debt ...
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Lowe's Is Giving Its Employees $100 Million in Yet Another Round of Bonuses For the fifth time this year Lowe's (NYSE:LOW) will be giving its employees pandemic-related bonuses totaling $100 million. The DIY warehouse retailer will pay its full-time workers a $300 bonus while part-time and seasonal workers will receive $150 each.
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Will my Social Security be lowered if I take from my 401(k)? Q. If I start taking Social Security at age 62, is there a ceiling on what I take out of my 401(k) for the year? I know that if I work there is a ceiling of approximately $18,000 before Social Security starts taking money back, but does that apply to disbursements of my ...
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McDonald's menu additions: New blueberry muffin, cinnamon roll and apple fritter arrive at restaurants Oct. 28 The new McCafé Bakery lineup will be available all day and features an apple fritter, blueberry muffin and cinnamon roll. McDonald's says the lineup is the first addition of bakery items to the chain's core menu in over eight years, joining cookies and pies.
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Mars makes deforestation-free goal in palm oil MCLEAN, VA. — Mars, Inc. has achieved a deforestation-free palm oil supply chain, the McLean-based company reported Oct. 6. Mars in September of 2019 began a Palm Positive Plan that involved the company sourcing from fewer mills and awarding ...
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Saco Police investigating product tampering at Saco Hannaford SACO — Hannaford Supermarkets has issued a recall in their Saco store, after a customer found metal objects in fresh pizza dough sold in the deli department. Hannaford officials say the incident is believed to have been the result of deliberate product ...
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Virginia solar installer buys Rancho Cordova's Aztec Solar Aztec Solar Inc. of Rancho Cordova has been acquired by Sigora Solar, a Charlottesville, Virginia, solar installer that now has operations in 14 states. The companies are not disclosing the value of the deal, said Sigora Solar CEO Logan Landry, via email.
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Invitation Homes in $1B joint venture with Rockpoint Group Rockpoint Group's Willliam Walton and Keith Gelb with Invitation Homes CEO Dallas Tanner (Rockpoint; Invitation Homes; iStock). The country's latest rental-home owner is teaming up with a Boston property investor on a mission to buy, buy, buy. Invitation ...
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Howard Stern Set to Re-Sign With Sirius XM for $120 Million a Year Shock-talk radio host Howard Stern is close to a fresh deal with Sirius XM that will boost his pay to some $120 million a year over the next three years. Author: ...
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42% recent travellers ready for a trip again: Survey It further showed that the respondents are likely to take another domestic trip during the next three months (42 per cent) compared to an earlier sentiment survey done in May (16 per cent). The survey also showed that queuing during check-in or security (64 ...
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Former Prairie Farms employee admits to defrauding company Stephanie Baker of O'Fallon, Missouri, pleaded guilty to three counts of mail fraud in relation to her former position in the accounting department at Prairie Farms Dairy Supply Co. Baker's duties and responsibilities included applying and allocating Prairie ...
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UK house prices jump again in September as market defies gravity UK house prices rose at the fastest pace in four years in September despite the raging coronavirus pandemic as people working from home sought more space, according to the Halifax house price index. Yet the lender said it is "unlikely" that the British ...
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Passengers brawl on plane over masks SALT LAKE CITY - A man who refused to wear a face mask on a Utah-bound flight was escorted off the plane in Arizona after he and another man who asked him to follow the rules got into a physical altercation, police said Monday. Rylie Lansford of Lehigh, ...
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How AI can help employees improve mental health and wellbeing More than eight in ten people worldwide are reporting higher levels of anxiety and depression at work this year, but many are willing to turn to technology to help, according to a new study. Some 86 per cent of UAE respondents to a survey by software firm ...
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Labrador Innu suing Hydro Quebec for $4 billion over Churchill Falls dam The Innu Nation of Labrador has filed a lawsuit against Hydro-Quebec seeking $4 billion in compensation for the ecological and cultural damage caused by the damming of the upper Churchill River in the early 1970s. Senior Innu leaders said Tuesday the ...
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Following TCS' lead, Wipro announces plans to buyback shares Indian IT services giant Wipro is following Tata Consultancy Services ( TCS ) with its own buyback plans. In its second quarter earnings, TCS announced today that it will be buying back equity shares worth ₹16,000 at ₹3,000 per share. Wipro is following ...
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Future of Fox's Biscuits factory decided as 2 Sisters sells part of firm Uttoxeter's Fox's Biscuits factory will not be sold as part of a major deal to offload part of the firm, it has been revealed. Fox's owner 2 Sisters Food Group has today confirmed it will sell part of the business to confectionary giant Ferrero for £246 million.
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SBI's retail credit posts 6-7% growth: Khara Our Bureau. Get access to premium Portfolio content for 14 days. Start my free trial. 00:00 / 00:00. LIVE. An error occurred. Please try again later. Tap to unmute. Learn more. Advertisement. State Bank of India (SBI) is witnessing credit growth of about 6-7 per ...
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Dollar Tree to hire 25000 Dollar Tree Inc. plans to hire more than 25,000 new employees this holiday season. Stores managers, cashiers and seasonal holiday workers are part of the planned hires at stores and distribution centers. The retailer is conducting phone interviews to ...
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The Daily Dash: $411 million nuclear verdict; holiday shipping delays The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, a Florida jury has awarded an injury victim $411 million in a judgment against a single-truck operation. Plus, a lack of freight capacity has some worrying about ...
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Norway union to further expand oil strike from Oct. 10 OSLO: Norway's Lederne labour union will expand its ongoing oil strike from Oct. 10 unless a wage bargain can be reached in the meantime, it said on Tuesday, confirming a statement from the country's state-appointed wage mediator. Six offshore oil and gas ...
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Chef's Downtown to Open For Indoor Dining Thursday BUFFALO, N.Y. — Good news for those craving some spaghetti parm, Chef's restaurant in downtown Buffalo will reopen for indoor dining this Thursday. It will be open on a limited basis every Thursday, Friday, and Saturday from 3 p.m. until 8 p.m.. Cleaning ...
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Gateway Casinos reopening all locations this week, except Casino Rama Slot machines at Georgian Downs will be brought back to life this weekend. Gateway Casinos is reopening almost all of its casinos in the province with limited hours – 10 a.m. to 2 a.m. – no table games, just the slots and only 50 people allowed in at a time.
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Leaf pickup beings in Wausau WAUSAU, Wis. (WSAW) -. A look at when Wausau community members should put their leave out for phase one.(WSAW). They call it fall for a reason. This time of year leaves are falling off trees left and right. The Department of Public Works in Wausau wants ...
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